Federal Bank Home Loan in Kolkata

About Federal Bank Home Loan in Kolkata

Kolkata is the former capital of India and has a special charm of its own. The city’s emerging population has its own set of housing needs. Federal bank provides one of the most convenient options in the form of a home loan to the people of the city. The product can be availed by both salaried employees and self-employed people at an affordable rate of interest. Federal bank has more than 15 active branches in the city of joy so as provide timely home loans to the people.

Federal Bank Home loan in Kolkata at a glance

Important details about Federal Bank Home loan Kolkata have been given in the form of a table.

ParticularDetails
Interest rate11.75% - 14.65%
Loan amountMaximum of ₹1500 Lakhs
TenureUp to 30 years
Processing fee0.50% of the loan amount sanctioned along with service taxes
Minimum of ₹3,000
Maximum of ₹7,500
Pre-payment chargeNIL

Eligibility criteria

Eligibility norms have to be fulfilled by every applicant who wishes to avail a Federal bank home loan Kolkata. The different norms have been mentioned below. Have a look at them.

  • Self-employed individuals, businessmen, and salaried individuals are eligible to apply for a home loan.
  • The total employment/business stability should be at least two years.
  • The applicant should be working in their current job/profession/business for a period of at least one year
  • The applicant must be earning sufficient enough to repay the loan. He/she must earn a minimum net monthly income of ₹15,000 in order to avail a home loan
  • The applicant must be over the age of 21 at the time of loan application. The maximum age has been kept at 55 years.

Documents required for a Federal Bank Home loan Kolkata

The list of all the essential documents needed for a smooth and hassle free disbursal of a home loan is right here. Have a proper look at them-

  • Two photographs of passport size of the applicant and the co obliged
  • Proof of Age- Birth Certificate/Passport/ SSLC or AISSE Certificate/Driving License
  • Completely filled application form
  • Proof of Residence- Voter ID Card/Aadhar Card/Passport/Lease agreement/Ration card/Telephone bill/Electricity bill
  • Proof Of Identity- Aadhar card/PAN Card/Passport/Driving License/Voter ID Card
  • Proof of Income-

Salaried individuals

  • Salary slip of three months /Latest salary certificate,
  • IT returns of the past two years or Form 16
  • bank statement of the past six months.                                            

 Self-employed

  • Bank account statements of the previous 12 months
  • Income Tax returns of the previous two years along with Balance Sheet/ Profit & Loss account
  • Proof of the existence of business and its profile
  • IT returns of the past two years supported by tax calculation sheet

Property documents-

  • Letter of Allotment
  • Agreement for Sale & construction
  • Certificate of possession
  • Tripartite Agreement to be given before disbursal of home loan
  • Detailed cost of construction and Land tax receipt

For more details, you can have a look at Home Loan Kolkata.

Address of Federal Bank branches in Kolkata

The list of Federal Bank Kolkata branches has been given below with their complete addresses, IFSC and MICR details.

Branch NameAddressIFSCMICRContact Details
C.R.Avenue8 Chittaranjan Avenue, Kolkata, 700072, West BengalFDRL0001103700049005033-22126352
Burra Bazar33A Tara Chand Dutta Street, Burra Bazar, , Kolkata, 700073 , West BengalFDRL0001157700049003033-22715091
Rn Mukherjee RoadMartin Burn House, 1, R.N. Mukherjee Road,
Kolkata, 700001, West Bengal
FDRL0001200700049006033-22434070
Tangra52/D, Radhanath Chowdhury Road, Tangra, , Kolkata, 700015 , West BengalFDRL0001237: 700049007033-23296076
Ballygunge1/D, Mandeville Gardens, Ballygunge,Kolkata, 700019 , West BengalFDRL0001284700049002033-24403902
Bhowanipore4/1 Lala Lajpat Rai Sarani, Elgin Road, Bhowanipore, 700020 , West BengalFDRL0001304700049004033-22832452
Kolkata New Market13, Lindsay Street, 1St Floor, New Market, , Kolkata, 700087 , West BengalFDRL0001313700049009033-22529272
Behala514 Diamond Harbour Road, Behala, Kolkata, 700034 , West BengalFDRL0001314700049008033-23973167
Shakespeare SaraniShakespeare Sarani Branch, 1 Floor, Shakespeare Court, 21A, Shakespeare Sarani, Kolkata, 700017 , West BengalFDRL0001400700049012033-22828292
Tangra ExtensionDon Bosco School Park Circus Kolkata 700017 West BengalFDRL0001514700049015033 22805869
Rabindra SaraniPoddar Court 18 Rabindra Sarani Kolkata - 700001 West BengalFDRL0001623700049014033 22371657 22371658
UltadangaMerlin Warden TF Lakeview, Block Superior, 104 Bidhan Nagar Road, Kolkata , West BengalFDRL0001938700049017033-23560111
VIP RoadVIP Road, Dhalipara, Teghoria, Dakhin Mart Kaikhali, Kolkata, West Bengal 700059FDRL0001985Non-MICR1800-425-1199
Bbd BaghOlisa House, 4, Government Place North, Gpo ( General Post Office)Kolkata - 700001, West BengalFDRL0002153Non-MICR1800-425-1199
Rashbehari Avenue152, Sp Mukherjee Road, Kalighat P O, Kolkata District, West BengalFDRL0002162Non-MICR23990235

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